Analysis, interviews, thought leadership

Eggborough signs SBR contract for 2016/17 capacity

Eggborough has signed a contract to supply 775MW of power in National Grid’s Supplemental Balancing Reserve for the winter of 2016/17 following a  December auction (see table below). As reported in New Power (January 2016 issue, subscribers login to read),…

Price spikes, not blackouts, are the biggest risk this winter

We are not at high risk from blackouts this winter. That is the strong response from New Power’s panel of energy industry experts in a survey carried out in October. Experts said that the market would respond, to provide power when needed. But they said part of the reason was that prices would “spike” – shooting up for periods that could be as short as half a hour – and that could have dramatic effects on industry players, possibly driving them into financial distress.